Vodafone Idea Hits 52-Week Low Despite Revenue Growth and 5G Plans

Vodafone Idea's shares dropped to ₹6.69, hitting a 52-week low, despite growth in revenue and ongoing debt challenges. The company plans to roll out 5G by Q4FY25 and has secured ₹300 billion in equipment deals. Although it saw a 4% rise in revenue, Vodafone Idea still faces major debt, including ₹1,419.4 billion in deferred spectrum payments and ₹703.2 billion in AGR liabilities. While the company lost 5.1 million subscribers, its average revenue per user (ARPU) grew by 7.8% due to price hikes.

By Avi G

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